azn_trader

Watching IWM megaphone pattern play !!

AMEX:IWM   iShares Russell 2000 ETF
5
We could see the IWM test the upside 1 more time than roll over this year. All hopes depend on Trump. If he is getting all things pass, IWM can have potential to go higher with small litmit range (just enough to convert all bears to bulls). But my bearish case for IWM that the real economy is broken underneath the surface. All major indexes are control by robots & HFT. But robot has no intelligent. They can push the market to the higher that you could imaging or they can push to the lowest that you can't even imaging.
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